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administration. you're not surprised. a new report says millions of dollars for great energy and the 2009 stimulus package went to foreign companies. with more on this and, senior political columnist for the washington examiner. it's great to see you again, as always. i mean, look at the dollars and sincere. 16 billion for the green energy program. one out $4 went to foreign companies. does that make any sense you? >> this is what happens when the government tries to get in a situation of picking winners and losers. it doesn't even do that very well. they're trying to reward the american companies. oh, here is a subsidy for installing windmills or inalling solar panels. guess what, a good chance they are going to be made overseas. a good chance that a lot of these subsidies are going to go before companies. and this is been true in many government programs, not just obama's stimulus, but obama through the stimulus really ramped up the degree of the government handing out money to green energy. gerri: france, spain, japan, italy, you name it, are cut money when all over the planet. here's
. >> and then have you obama saying we need 100 billion of green energy that is pure boondoggle. we don't need green engineers, all that nutty stuff, for solar, and electric cars. neil: what would david have the government do? >> government, should provide for defense, and foreign policy that is noninterventionist and stays out of the affairs of the rest of the world. neil: you are like a libertarian. >> in that regard i am, look at last 40 years it has ban a fiasco, vietnam, you have to be kidding me. and it needs to be shrunk, and social chunks, supported -- social insurance, is which are vidother side of the spending problem. if we don't get at military industry complex, and social insurance we're kidding ourselves, the deficits will grow. neil: then what. i don't see anything being done. >> i think that is why i say the budget is a doomsday machine, we face a permanent fiscal cliff of 8% gdp gap. i see a constant political battle, every year there will be a deb debt ceiling crisis. neil: what do you think of the president? >> you know you can't have a dictate adictatorship, you havea bad blow u
focuses on energy, environmental regulatory issues. i have to tell you, you have to hear what they say. the former mexican president talking about the goal here. economic growth and sustainability are interdependent. you cannot have one without the other. what do you say? >> well, if that is the case what we need to subsidize it with taxpayer dollars? if this is such a profitable idea, if the green energy market is a multitrillion-dollar economy, then let the ceos and venture-capital this figure that out. while this been a your money in my money? it makes economic sense. this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and back, this green growth alliance has members like the world bank, deutsche bank, any number, ge can hsbc as members.
strikes against critical energy facilities? and could it disrupt supplies? we drill down to the answers. and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than 3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun vio
of employment, construction jobs, manufacturing jobs, in the energy space, tend to be higher paying than other jobs, particularly service jobs. so if we see a continued pick up in the housing market, continued strength in manufacturing, this could lead to the virtuous cycle that we have all been waiting for from the private sector. cheryl: okay. now, i know that one of the groups that you do watch, one of the groups that you're actually positive on, and there's not a lot, but it is healthcare, you do like healthcare. tell me kind of some of the names you appreciate right now in that space and also do you think that with the healthcare law, the exchange really beginning to kick in in the next 12 months that healthcare is going to continue that forward? >> we think healthcare will continue to being strong relative to the overall market. one area we like, you know, from a defensive standpoint is large cap pharma. you've seen this big race for record setting inflows into high yield bonds. we think one area that pays dividends that has been overlooked is large cap pharma. and we like names like joh
. energy analysts said in a note to clients today the attack signals a downswing for political stability in algeria. i'm joined now by fox news middle east terrorism analyst. thank you so much for joining us. why do you think this oil facility or natural gas is flutie was targeted? >> this was a manufacture who is an offshoot of al qaeda but coordinates with al qaeda. this is a reaction to, this is a strike back at the french efforts, french african efforts and molly took it out of al qaeda. it is very interesting. it tells us al qaeda can respond in other countries, in this case algeria if they're attacking neighboring countries. why this site specifically? it is about gas and oil, that is the backbone of the economy and of course that is of great interest for the europeans who import from algeria. melissa: why attack in algeria for what is happening in molly? you can see they are neighbors, but why would this be the best way to make a statement, do you think? >> algeria has opened its airspace between friends in the north and the train into mali. it aided france in attacking al qaeda i
in the green. all three major indices ending the week higher. industrials and energy were today's top performing sectors while technology was the only sector ending the day lower. and oil ending the week in the green after the international energy agency raised its global oil demand forecast for the whole year. crude's settling the week up 2.1% at $95.56 a barrel and consumer confidence falling for the second month in a row, dropping to its lowest level in one year. the overall index declined to 71.3 from 72.9 in november. liz? liz: we've got a trader in the pits of the cme and our market panel, chief investment officer at global financial and also janney capital markets technical research director is joining us. let's talk about how most of the session was a very quiet tentative day and suddenly the dow and s&p took off. to what do you attribute that? >> it was an interesting day. we built off of yesterday's economic data which was very supportive. today was a little bit weaker. it was the earnings. it was mainly morgan stanley and a lot of traders were kind of waking up to that news
this find of oil in iraq, it was near the iranian border. just today on press tv, the iranian energy minister say this is share reserves. they want to move in. the context in iraq a kurdish conflict within are with the kurds have cut down their oil production from 100,000 barrels a day to 5,000 because they don't want baghdad to control it. so baghdad says, look, we found oil. we'll not be as dependent on the kurdish region. into this conflict america has been missing in action and iran is going to fill those voids if we stay asleep against political islam and its interests. melissa: steven, you make the great point this means that we should be more dependent on ourselves than ever before. we need the pipeline, but also pushes the focus to fracking and to shale. i worry especially with the president's speech yesterday and with the turnover that we're about to see at the department of energy that maybe we're going to see a crackdown on fracking and on shale here in the u.s. that really goes against our own self-interests. >> well, it really would. it really would be a shock, melissa i
more to get energy from wind power than it did. or let's go back to medicine itself, medicare. look at medicare. the biggest government invasion in the health care program we have had in our lifetimes and they lose $60 billion a year on waste and fraud. you call that efficient? >> it depends on what your philosophy is here. >> wait a minute. wait a minute. >> mark, hold on a second. mark, just answer the question. is $60 billion of loss in medicare a year to waste and fraud efficient? >> if your figure is correct, no. >> the figure is -- by the way the figure comes from the hard right conservatives. >> let me answer the question. let me answer the question. look, it depends on what your philosophy is here. no government is as efficient as the private sector. but the private sector is rationing care. it is only available to people who have lots of money and people who are working at jobs jobs -- working in jobs where they are insured. there is 40 million americans without insurance. do we want a certain elite group, a sliver of society covered by insurance and those people are then s
people out of unemployment, and bring a renewed energy to our country. coming up, will the debt ceiling debate delay your tax refund? next in the president obama has begun his second term by declaring the possibilities are limitless. our political panel takes a look at the next four years. ♪ >>> from our fox business studios in new york, here, again, is gerri willis. gerri: well, not wasting a second of the second term, president obama making it clear who is in charge the next four years laying out a bold agenda in the inaugural address. that's how i read it. with more, maryann marsh, a democratic strategist, and rich lawry, editor of "the national review. " what do you think of the speech? >> audacious. one, it was an unabashedly progressive speech, shorn of the pose that's characterized as rhetoric. it also, i think, was audacious in its appropriation of the tradition of the american foundings. it was a direct challenge to republicans and the tea party saying you are obsessed with the founders. you are wrong. i am the one firmly within the tradition, and you are outside the mainstre
a renewed energy to our country. coming up, will the debt ceiling debate delay your tax refund? next in the president obama has begun his second term by declaring the possibilities are limitless. our political panel takes a look at the next four years. ♪ officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. - ♪ 'cause people got me questioning ♪ ♪ where is the love - ma'am. you forgot your purse. - thank you. oh. thank you very much. - a message from the foundation for a beer life. >>> from our fox business stios in new york, here, again, is gerri willis. gerri: well, not wasting a second of the second term, president obama making it clear who is in charge the next four years laying out a bold agenda in the inaugural address. that's how i read it. with more, maryann marsh, a democratic strategist, and rich lawry, editor of "the national review. " whato you think of the speech? >> audacious. one, it was an unabas
growing and by every indicator, the green energy sector is growing. neil: i don't know a lot infatuation, but i know the frustration. >> i think they have probably realized that the green movement is kind of a boring activism. what they should be covering and don't really want attention to would be something like solynda that they called the phony scandal. they don't want to address that. this is a way for them to say we are shifting around for various reasons. i don't think they wanted to cover the real news which the scan was solynda and then they went under. the whole thing was just a disaster. the other stuff is boring activism and others want to let go. >> okay, it has become mainstream. >> "the new york times" this week is facing something like the numbers on 30 or more layoffs. so put this in a separate category to a broader question under obama. we have come to talk about this stuff of 5 million green jobs and international treaties. it's hard to do any of that. so you're not going to produces 5 million green jobs, negotiating a global treaty is hard work and obama has been no be
: president obama's second term energy agenda taking shape despite the departure of key cabinet members. live look like more of the same? lori: about 1 million people flooding the nation's capital for the inauguration festivities we are talking to the big cheese. neil cavuto coming of next. ♪ lori: historic day on our nation's capital as president barack obama take the ceremonial of the office for a second term. let's give ready. our man in the middle of it all. neil cavuto. i'm surprised you're not at the luncheon sipping champagne. were you supposed to be seated next third? neil: i was tempted to, and i normally would have. i had to rush back here. boy, what a luncheon. the you know, that luncheon including all courses is over 3,000 calories. melissa: her organic bush. lori: neil: steamed spinach. i guess all the sauces. not a lot of bad stuff on the surface, but it is the sauces. 3,000 calories. lori: a crumb apple pie, i guess. sour cream ice cream. i don't know. neil: and on and on. yes. it gets ugly. lori: you complain about the take out. at least from where you are having to come bac
is no. we have this gradual recovery. it looks all right over time, has good pieces to it, energy, housing, the banking sector actually may be getting better. lori: must be a mistake on our washington leaders, what if they can achieve a grand bargain, get entitlement reform and we can sustain this debt to gdp level for the time being we can get to underlining measures. >> it would be a glorious outcome. lori: are you optimistic at all it will happen? >> i would like it to happen, but i managed portfolios, don't manage policies. lori: how are you managing these portfolios right now? interest rates will remain at historic lows. >> stretch at all, low interest rates for a long time, gradual recovery that has been bullish for stocks, fully invested, we just need you to be the secretary of the treasury. lori: me? >> yes. you can run the policies, could be terrific. lori: the only thing i have on jack lew is better penmanship. what kind of produc products aru interested in? >> when you can buy the highest grade tax-free bond that pays you 3% today, that is a bond that has a zero default
is our special guest this hour. ashley: energy companies facing off against a formidable opponent. they are losing. ashley: do not mess with the chicken. that is all i will say. especially with the prairie chicken. time for stocks now as we do every 15 minutes. nicole petallides. nicole: we are not to far off the unchanged line. you sneeze and you are in the positive territory. intel has been weighing on the dow jones industrials. that has been one of the things holding them back. the s&p 500 right around the five year highs but pulling back as well. we have had earnings. you have morgan stanley moving to a 52 week high and seeing profits rising in the future. that was some positive comments there from morgan stanley. it is up 7.7%. that is nothing to sneeze about. a winner. general electric has been a name that has been helping the dow. that is the big picture. as far as looking at the stock market and here we are, i am going to hand it back to you in positive territory. we are up for the week. seven out of nine weeks with gains. ashley: very good. if someone sneezes, it could go
of climate change. the president also emphasizing the importance of sustainable energy sources like wind and solar power. he said, investing in clean energy is an economic solution for the u.s. the administration is now scrapping a plan for tough new fracking rules. the measure unveiled would have forced energy companies to reveal the chemicals there were using when drilling on public land. in entirely new draft of final regulations are set to be the first major rule governing the process. you want to watch that very closely. and a handful of energy companies. fortune magazine's list the -- listed the top 100 companies to work for. fun factor in the back in 2010 the oil and gas promised the staff that if it doubles its production rate and reserves by 2015 every employee will get a check for a hundred thousand dollars. everyone. and an earlier held goal that was meant rewarded 400 workers with 50,000 each. sounds pretty good. one to trade in the dusty old van gogh for a luxury it -- luxury getaway in st. barts? the ceo of a new pond business that only caters to the 2%. good news. and the
higher than that. one other thing, the energy sector itself tops $95 a barrel. look at this, a lot of expiration companies, they are seeing. lofty levels. big jumps in today's trading session. i will have a look at a couple of the big oil companies. dagen: it has been a nightmare for boeing and its streamliner. shares really hard hit the last couple days. that jet is grounded, here, there and everywhere because of battery problems. connell: cheryl and dennis are coming in. they will have a former transportation general. whether this unprecedented move was warranted. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible
the consumer coming back as well. when you add all of this together, the improvement in the energy sector, foreign economy starting to do a little bit better, i think the stock market do well in the second term. just not as good as the first. connell: what if they mess it up again in washington? we will go into another round of negotiations, maybe we won't, on the debt ceiling. maybe we go over one of them. you have to take that into account. how does that change your odds taking capability as you look at the markets? >> you do have to take it into account. no question. maybe we will get beyond some of this and the first half of this year. at least enough to allow us to look beyond it. i think between now and then, no question we will be dealing with these deadlines coming up in the next few months. connell: do you still buy stocks? our stocks at the place be? it will be very interesting to see what happens with interest rates. you talked about that accommodative federal reserve that is there. there will be this push / pull on that side of it. >> i do think market rates will be drifting h
's the process that could lead america to energy independence. environmentalists do not like it, but guess in, our next guest says he's spoken to some environmental officials who say they found no evidence that fracking contaminates ground water. he is troy murdoch, a fox news contributor, and welcome to the program. >> thank you. happy anniversary by the way. stuart: thank you, you've been a part of it. you've spoken to environmental officials and am i right, they haven't found a single example where fracking has contaminated ground water? >> it's amazing, when i researched the article in the new york post, and usually you have environmentalists-- or celebrities that come up with environmental cause and they yell and scream on one side and regulators on the other side saying here is the evidence to backup with the celebrities are saying, a one-two punch. in this case you have matt damon and yoko ono, saying fracking is the most dangerous and lisa jackson is saying she cannot name one example of ground water contamination, and said it a couple of times before congress under oath and the u.s.
across the board from machinery, energy, wide variety of things. we're trying to focus on business sales tax exemptions because, again, i've talked to business leaders. they want simplicity and fairness. they're willing to give them up if we get lower rates and be rate of all is zero. melissa: they're willing to pay a higher rate. in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the indivual income tax anyway. and then the other attractive feature, it means their employees would no longer being paying individual income tax and that's very important to them in terms of attracting talent to their company and to our state. melissa: one place where i think you might have have a problem yo
sure what the broader story is, but i think everything we read about energy production has the united states becoming one of the leading energy producers over the next several years. crude trading at $93. i think it's a sale. i think -- natural gas rally up 10% in the last week or something, and -- but i -- liz: elliot, you know, natural gas broke my heart. you break my heart over and over. >> get in line. liz: you think something happens, and it doesn't. >> natural gas is over priced, and watch that platinum-geld thing. platinum should be over gold. i don't know what they were saying with silver having industrial uses also, but not since photography we want to digital have i seen uses for silver, at least, you know, on the day-to-day thing, but i think energy's over priced and gold is coming back in line with that platinum thing. liz: the platinum is the go-to metal with jewelry. >> platinum, you know, they use gold in catalytic converters or something? liz: no, they use palladium. >> oh, palladium. okay. all i know is there's plenty of gold on the planet, no shortage of gold. liz: g
of these groups. and i think the only thing that we have going for us at the moment is energy is of very hard not for the islamists to crack. if they destroy plants and wells and muslim countries, it puts muslims out of work. i think it is very instructive that the people that took this test plan did not kill a muslims intentionally. in fact, the let them go. lou: i can only caution this. we don't yet know. unworn. >> 600 of them that got away. lou: 600 dead, and then the numbers become in the foggy. we are still waiting to have a reliable and concrete update. you get the last word here. future prospects on the war against al qaeda? >> unfortunately al qaeda is not on the path to decline. what we saw in benghazi, number algeria, it's all indicating that they are on the path to expand. the path of expansion, not falling down. lou: thank you very much. we appreciated. thank you. up next, an oregon sheriff stands up to the assault on the second amendment. he refuses to enforce any laws against unconstitutional. he is our guest here next. a new analysis puts the number on how often the president
the president's term. he for renewable energy. salazar will leave in march and returned to his home state of colorado. $51 billion hurricane sandy's disaster relief act is now moving on to the senate. forty-nine republicans voted yes for that bill, 179 republicans voted against that bill. over to london now where police say two people are dead after a helicopter crashed during the morning rush hour. the helicopter hit a construction crane and then crashed on the street. two people on the ground were treated for minor injuries. those are your headlines. back now to dagen. dagen: thank you. a price of regular gasoline sitting at $3.29. down nearly $0.10 from a year ago. tom kloza is here. he is joining us on the phone. talk to me about demand and how low prices could go because of that. >> demand is about as low as it has been since january of 2000. we just got a couple of demand reports that were subpar. now we have this fear or panic about the flu. we have people getting their paychecks that are a little bit lighter. discretion of driving is really going to tank here in the coming weeks.
to be a terrorist attack at these hostages, this is serious. does that affect the price of energy right now? >> to the backs of peoples minds. we have not heard much news about that on what is going on, but we will hear some stuff overnight tonight but options off the board, the market was flat. i think stay long and stay technical if you want a direction above 91 and a quarter. $95 if something develops, you might see some stocks. liz: good to see all of you. joining us in the floor show. would you buy it, would you fly it? two questions we're asking about boeing today after yet another issue with the 787 reminder. the stock down three and change%. this is the entered a picture, but it has been a rough couple of days. first there is this on your screen, this current piece of equipment that clearly got smoky, caught fire, overheated, one had to make an emergency landing in japan. this next analyst was well ahead of the curve downgraded the company last week. joining me now in a fox business exclusive. let's talk about your downgraded last week where you have concerns about this where you fe
. core cpi excludes food and energy is expected to rise just .2%. liz: the number one thing to watch tomorrow, you have to look at this one, earnings from financial heavyweights, jpmorgan and goldman sachs. ahead of bell goldman sachs is expected to post $3.78 earnings per share. analysts looking for jpmorgan a buck 16 and a 24.4 billion in revenue. david: folks, thanks for watching. it will be a busy day tomorrow. see you then. melissa is then. melissa: i'm melissa francis and here's what is "money" tonight. lance confesses. the fallen super athlete admits he doped to oprah and now his legal nightmare begins. how much could he owe? is his brand still alive? today's power panel kicks into high gear to respond. >> if you give a mouse a cookie he will probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or c
mexico agrees to obviously obama's green energy political machine is doing more damage than good as far as helping to secure our energy independence. finally tonight, more waste, fraud, and abuse in california. according to a report by the center cisco chronicle, the university of california, a public school funded by taxpayer dollars is trying something different. they're offering online class is to knock people's socks off. this way they can attract students and tuition from around the world. university officials were so confident in the plan that is the nearly four and a half million dollars on marketing for these glasses. guess how many students signed up? one. four and half million dollars for one student. at the time the university of california was selling online class is. stanford and harvard started giving them away for free. once again, taxpayer money spent with no one doing their homework. that's my "2 cents more." they cheer for joining us and we will see right back here tomorrow. have a great evening. ♪ lou: good evening. the white house assault on the second amendment is
the purr institute of alternative energy after highly public failures. the president showed support for voting blocked that helped gain relexes, support for immigration reform and gay rights. mention of entitlements was followed by a campaign-style dig at his former opponent, mitt romney, and conservative lawmakers. >> the commitments we make to each other through medicaid, med cash, social security, these things do not sap our initiative. they strengthen us. [applause] they do not make us a nation of takers. they free us to take the risks that make this country great. lou: president obama seemed to return to the class warfare campaign rhetoric equating freedom with financial success. diminishing the fact that folks work hard for success. >> for we remember the lessons of the past when twilight years were spent in poverty and parents of the child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky or happyiness for the few. lou: president obama a day into the four-year term. the inauguration is covered here tonight from all
: composite track. that would be the highest. let me get to the energy complex. everything is higher right now, jonathan. is this all the very tense and very worrisome situation? >> that is part of it. it pushes up a little bit yesterday. today a lot of it is the economic news that pushed us over 95 and up over 96, but more importantly we set lover $95 which is a big indicated that this rally might have pushed up to $100. liz: the weaker dollar obviously helps. adelle of 33 for the euro, and i'm thinking that can help. >> that adds to it. more cold weather coming in. now that we have pushed over 350 today, a little bit below, but that is bullish times are here. liz: you know, when news breaks on a single stock, the ceo at the trade financial group moving higher by half a percent. i'm just interested to know how closely traders look at something like that and say, oh, that's interesting. less about the sidelines where they are apparently according to dow jones going to have a new leader. >> well, it seems like it's a good news thing. but this is something that i tend to ignore because it is one
to higher copper as well as gold production in north and south america. they agreed to by two energy companies last month, but the ceo telling shareholders there are no plans for additional energy or mining acquisitions. says you make money on it if you let charles payne take a look at this stock. positive comments about sales trends coming in on that one. nicole petallides on the floor of the new york stock exchange. here we are. nicole: facebook has been a stellar performer over the last three months making their announcement with their search mechanisms now we're talking about facebook mobile. based on all the looks and the finest, 3.3%, so research has been checking into the sales they have been seen. reporting the facebook usage has risen 15% month over month. these are some of the findings from some of the professionals and so far they're feeling pretty optimistic about what they have been seeing the facebook. we saw this stock breakdown below 20 and here it is right now. tracy: is amazing what we will take as positive news. the man behind business regulations are stepping down
the dip will be. dennis: receivers the energy business rather than owning deposits, but if oil goes down rather than up, does that hurt the customers? >> it doesn't. every company knows there's few places to save money these days as a company. talking about productivity, you know, listen, technology is fantastic, but everyone's got all the different software out there, and this is one area that the company, on the website, they have a running meter right now. they've saved customers $545 million and keeps ticking. today, there was a new contract from the burlington vermont school system, eight schools. it could be small contracts like this or larger contracts. bottom line, an area to save money is utilities, particularly, the epa, news from the epa sent the stock significantly higher today, epa has a lot of rules on energy, energy uses, and things like this, only helping the company. cheryl: love this. >> 30% a month, ring the register. anybody who bought the stock here, sell it. cheryl: we'll hear it. i like sees this side of you. >> i'm pumped, thanks. cheryl: just ahead, talking dark
. the pipeline owned by abu dhabi national energy, transports 100,000 barrels of crude a day. a leak on a oil platform caused a shutdown. eight other platforms were closed from the leak. that is a big deal. >>> opec's oil production slid by 430,000 barrels per day in december. it hit 30.65 million barrs according to platts. much of the decline is attributed to production cuts by saudi arabia. that opec data helped fuel a decline for oil futures. it settled close to 1% down, 93.28 a barrel. >>> next on "money", the u.s. looks to intervene in the escalating conflict in mali. what could it cost to stop the advance of al qaeda affiliated militants? we have the details coming up next. at the end of the day it is all about money. ♪ . when some people struggle with their mortgage payments, they become frozen, but the people who take action, are far more likely to get the most positive outcome. call this free government program for the option that's right for you. melissa: may not have heard of molly before there week but want to hear some of this. some of your tax dollars could be sent to the afri
of you guys. thank you very much. did you know there is actually a lot of oil and energy used to make carpet? take a look at this. can you hand me a piece of it? i'm going to hold this up because it kind of matches our set and we're looking at pictures of it right now, absolutely beautiful. but here it is. would you guess this is made from recycled material? i'm telling you it is pretty soft. but the recycled material is everything from old yarn to fishing wire. interface, you may know this company if you get the catalogs for flor. it one of the most eco-friendly brands in the world and the stock is quite investor friendly. joining me now is interface's ceo and president. you guys had a very bizarre ticker, which i'm not going to remember anymore because today you are switching it to a very simple one, tile because your carpets come in tiles. correct? does this do anything when you change the ticker to something more memorable? >> it says you are hip. [laughter] >> the genesis of that is that we invented tile, we pioneered it in 73, the largest player in the world and why not claim ti
, other way you'll pay more in energy taxes or energy prices. in his inaugural address he spent more time on climate change than any other single issue. environmentalists ecstatic, the foreign media client. and the world's great minds will call for a 14 trillion dollar global greening. this is tuesday, january the 22nd, the day after the most liberal, all-government, all the time inauguration speech in memory. "varney & company" is about to begin. you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> golfer
of growing momentum in the u.s. economy. all of this in then you have the energy boom in the whole shale thing helping in that industry and related industries. there are a lot of bright spots in the u.s. you know, the guys in washington do not mock it up, we have a good shot. melissa: we have breaking news right now. i want to point you to the shares of facebook. down $0.60. that is good for almost 2%. we have this meeting going on right now. it is a major reversal for the stock. we are trying to get more details out of this meeting. we will have rob enderle on at the end to talk about it. shibani: i am following a couple of live logs on the event. the three pillars of facebook. when he unveiled today is his 23 pillar which is being called graph search. it is a graphical search. it is not a web search. that is one of the reasons we are seeing a selloff of facebook shares. again, what the company has unveiled at this moment is a surge in addition facebook. we will bring you more headlines as they come out. melissa: it is interesting to see that they would dump out on that. lori: google ha
-mails. i'm so disgusted, we need to go after our own energy here in the
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